649bruno

Which Way Are U.S. Interest Rates Heading? Down.

Kort
TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
3
This chart is part one of two.
I wish to show you the INVERSE relationship of falling yields and the bullish pattern in-TLT.
(The chart for-TLT published next).
There is a lot of down-side pressure in this chart.
A falling Ichimoku cloud , a sinking 89 day moving average , and a regression trend channel that is solidly DOWN.

In my opinion the 10 Year T-Note yield will soon sink to 1.40, then 1.25.
This should fuel-TLT to continued bullish highs.

Good luck to you. Don.

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